Continuum Company, a prominent real estate development firm with offices in New York City and Miami, has closed on a $25 million pre-development loan to advance the Continuum Club & Residences, a planned 32-story luxury condominium tower rising at 1755 John F. Kennedy Causeway in North Bay Village, Florida. The financing, provided by Benmark Capital—a vertically integrated real estate private equity and debt investment firm—marks a major milestone for the highly anticipated waterfront project, which has already secured contracts for 50% of its 198 luxury units.
The loan will be used to support site preparation and pre-construction activities, enabling Continuum to maintain momentum as the North Bay Village area undergoes a major revitalization. Developed in partnership with Aksoy Holdings, the project is Continuum Company’s second Miami venture, following its iconic Continuum South Beach.
Joe Moser, Director at Benmark Capital, added, “Continuum Club & Residences is exceptionally well-positioned to benefit from the significant investment and infrastructure improvements underway in North Bay Village. We are proud to play a role in bringing this transformative project to fruition and to continue expanding our footprint in the Miami market.”
Designed by renowned architecture firm Arquitectonica, with interiors by Durukan Design and landscape architecture by Martha Schwartz Partners, the development will offer over 60,000 square feet of lifestyle amenities. Planned features include multiple resort-style pools, a waterfront fitness center and spa, curated dining venues, a private marina, and an extensive suite of wellness-focused services. The project officially broke ground in March 2025, with completion targeted for early 2028.
“Securing this pre-development loan from Benmark Capital is a testament to the strength of our vision for Continuum Club & Residences and the confidence in our team’s ability to deliver exceptional value,” said Ian Bruce Eichner, Chairman and CEO of Continuum Company. “The tremendous support from our financial partners underscores the unprecedented demand for luxury waterfront living in Miami’s emerging neighborhoods. This financing will enable us to maintain our momentum as we transform North Bay Village into Miami’s next premier destination.”
As development accelerates, Continuum Club & Residences is poised to redefine luxury living in North Bay Village, offering a rare combination of prime waterfront access, elevated design, and exclusive lifestyle offerings in one of Miami’s most dynamic growth corridors.
